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‘Start treating mortgage advisers fairly’ – Star Letter 22/01/2021

Mortgage Solutions
Written By:
Posted:
January 22, 2021
Updated:
January 22, 2021

Each week Mortgage Solutions and its sister title Specialist Lending Solutions pick the top comment from our readers.

 

This week’s comment was in response to the article: Broker FSCS levy soars as pensions sector ‘blind’ to fraud and bad advice .

Derek said: “There is a guideline in our industry that relates to treating customers fairly. How about that applying to advisers?  

Start treating mortgage advisers fairly.  

He added: “We seem to be monitored, regulated and compliance checked to the hilt while dealing with clients who often are reluctant to pay for the service.  

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We now find that we are having to pay for the failings of the pensions and investment advisers, every one of which I know have fee levels and incomes far exceeding those of any mortgage adviser I know.